Mastodawn

From @michaeljanz.bsky.social "Mayors, councillors and local elected leaders from across #Canada gathered in Edmonton last week to urgently call for achievable, job-creating federal #climateaction, paid for by an #ExcessProfitsTax on #oil and #gas companies. The summit [called] for federal investments in projects that cut pollution while protecting communities and strengthening the Canadian economy. I fully support the call for an excess profits tax, and so do Canadians from all regions and all age groups."
#elbowsupforclimate
https://elbowsupforclimate.ca/support/

Support - Elbows Up For Climate / Retroussons-nous les manches

Whether you are a local elected leader, a member of the public or a member of a partner organisation, you can be part of this growing campaign. Share the campaign If You’re An Elected Leader… Sign on to the open letter Join the campaign First Name Last Name Email Mobile Phone Role Former Municipality I’m […]

Elbows Up For Climate / Retroussons-nous les manches

Joseph Simons 🍁 🌱May 5

Take the message to as many MPs as possible to make sure Ottawa knows people around the world and across the country support an #ExcessProfitsTax on #oil and #gas companies. Can you take two minutes to call your MP now using the quick and easy online tool?
#canpoli Go to:
https://act.350.org/go/550966

New/Mode | Make your voice impossible to ignore

Larry Neufeld Oct 11, 2024

Income inequality getting worse. We need to demand that MPs & MLAs take action on this. From an effective #Wealthtax, #excessprofitstax to #basicincome there are tools we can use #Canada #inequality
https://www.cbc.ca/news/politics/canada-highest-level-income-inequality-recorded-1.7349077

Income inequality in Canada rises to the highest level ever recorded: Statistics Canada | CBC News

Income inequality in Canada has hit the highest level ever recorded as wealth becomes increasingly concentrated in fewer hands, says Canada’s statistics agency.

CBC

King Mob Aug 25, 2023

Taxation.
History.

After the devastation of World War One, between 1917-1926 the UK government introduced the "excess profits duty" (tax) of 80% of profits above "pre-war standard profits".

Today, when grotesque profits are being made by big business out of the (so-called) "cost of living crisis", surely it's time for a similar period of excess profit tax?

Surely, it's big businesses "duty" to help us all out in this time of crisis?

Or is this only a "crisis" for the poor?

I won't hold my breath.

#WindfallTax #profiteering #capitalism #BigBusiness #tax #ExcessProfitsTax #profiteering #CostOfLivingCrisis #uk #ukPolitics

Pat Feb 28, 2023

@pearlrotter

#CdnPoli #Inflation #FoodInsecurity #CorporateGreed #Loblaws #ExcessProfitsTax

Who determines excess, as profit is very flexible & can easily disappear .The sacrilege that worked and is proven is simple price controls and no accounting tricks can change that so easily . The simple fact is inflation is not a priority for anybody but the very poor that are ignored

Larry Neufeld Feb 22, 2023

The federal govt needs to step in with measures like an #excessprofitstax & #basicincome to help with the #costofliving & make profiteering corps pay up for using #inflation as an excuse for raising prices. Raising interest rates is not a solution #Canada
https://www.cbc.ca/news/business/inflation-family-column-don-pittis-1.6750879

ANALYSIS | Bank of Canada might need to raise rates if companies keep raising prices, Macklem warns | CBC News

This week's inflation figures seem like a cause for optimism. But 5.9 per cent inflation is still high and groceries are up another 11.4 per cent. The Bank of Canada governor Tiff Macklem has warned that high inflation acts as camouflage for further unjustified price hikes.

CBC

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